Gigapay vs RazorpayX Payouts
Gigapay
gigapay.comRazorpayX Payouts
razorpay.comSide by side
| Figure | Gigapay | RazorpayX Payouts |
|---|---|---|
| Price from | €279/mo | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| macOS | — | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Plans published | 2 | 8 |
| Spec score · Payout Software | 7.8 (#9) | 8.3 (#3) |
| Headquarters | Stockholm, Sweden | Bangalore, Karnataka, India |
| Security | Gigapay says it is ISO 27001 certified and GDPR compliant and uses encryption for personal and financial data. | RazorpayX says it uses industry-standard encryption, regulatory compliance, continuous monitoring, and fraud detection and mitigation frameworks. |
| Support | The Pro plan includes live support; the Enterprise plan includes priority support and a dedicated account manager. | The product FAQ describes 24X7 support, and the site provides a Banking+ support ticket option. |
Plans
RazorpayX Payouts
- IMPS/UPI transfers below ₹1000₹4, paid once
- IMPS/UPI under ₹1,000₹4, paid once
- NEFT/RTGS₹5, paid once
- NEFT/RTGS transfers₹5, paid once
- IMPS/UPI ₹1,000–₹25,000₹6, paid once
- IMPS/UPI transfers between ₹1000 - ₹25,000₹6, paid once
- IMPS/UPI above ₹25,000₹9, paid once
- IMPS/UPI transfers above ₹25,000₹9, paid once
In their own words
RazorpayX Payouts
RazorpayX Payouts lets businesses disburse money to customers, vendors, partners and employees through an API or dashboard. Transfers use UPI, IMPS, NEFT or RTGS for accounts issued by Indian banks. Businesses can upload hundreds of payouts, schedule transfers and queue payments that exceed the available balance until funds are added. Configurable approval workflows provide permission controls. The dashboard acts as a financial CRM for searching and acting on transactions, with real-time spending data and insights. RazorpayX also describes refunds, bill payments and reimbursements sent directly to credit cards from an app. Recipient account and VPA validation is intended to help transfers succeed. Fees are ₹ 4 per transaction for IMPS/UPI below ₹1000, ₹ 5 for NEFT/RTGS, ₹ 6 for IMPS/UPI from ₹1000 - ₹25,000, and ₹ 9 above ₹25,000; GST applies. RazorpayX is not a bank and has no banking license.